Koppers Holdings Reaffirms 2023 Sales Of $2.1B (Consensus $2.11B), Adjusted EPS Of $4.40 (Consensus $4.39)
Portfolio Pulse from Benzinga Newsdesk
Koppers Holdings has reaffirmed its 2023 sales forecast of $2.1 billion, which is slightly below the consensus estimate of $2.11 billion. The company also expects its adjusted EPS to be $4.40, slightly above the consensus estimate of $4.39.
August 04, 2023 | 1:13 pm
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NEUTRAL IMPACT
Koppers Holdings' reaffirmed 2023 sales and EPS forecasts are slightly below and above consensus estimates respectively. This mixed outlook may lead to neutral short-term price movement.
Koppers Holdings' reaffirmed 2023 sales forecast is slightly below the consensus estimate, which could be seen as a negative by investors. However, its adjusted EPS forecast is slightly above the consensus, which could be seen as a positive. These two factors may balance each other out, leading to a neutral short-term impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100